Blockchain gaming platform Ultra has announced the completion of a new financing round of $12 million.

According to Wu, the blockchain gaming platform Ultra has announced the completion of a new funding round of 12 million USD, led by NOIA Capital through its digital asset fund. The company also announced the appointment of Maxime van Steenberghe, former partner at Circle Strategies, as Chief Operating Officer. The new funds will be used for platform expansion and upgrades, strategic acquisitions, and more.